Oracle Corp. [ORCL] stock prices are up 11.75% to $127.54 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ORCL shares have gain 14.96% over the last week, with a monthly amount glided 9.34%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 12, March 2024, Oracle Delivers Foundation for More Intelligent Healthcare. In a post published today on Yahoo Finance, Enhancements to Oracle Health Data Intelligence include new generative AI service that helps simplify care management.
From an analyst’s perspective:
Oracle Corp. [NYSE: ORCL] stock has seen the most recent analyst activity on March 12, 2024, when William Blair upgraded its rating to a Outperform. Previously, BMO Capital Markets reaffirmed its Market Perform rating on March 12, 2024, and elevated its price target to $142. On December 12, 2023, BMO Capital Markets reiterated its Market Perform rating and revised its price target to $126 on the stock. Edward Jones upgraded its rating to a Buy. Evercore ISI upgraded its rating to a Outperform and raised its price target to $135 on October 09, 2023. HSBC Securities started tracking with a Buy rating for this stock on September 15, 2023, and assigned it a price target of $144. In a note dated September 14, 2023, DZ Bank upgraded an Buy rating on this stock but restated the target price of $125.
The stock price of Oracle Corp. [ORCL] has been fluctuating between $82.04 and $127.54 over the past year. Currently, Wall Street analysts expect the stock to reach $111.52 within the next 12 months. Oracle Corp. [NYSE: ORCL] shares were valued at $127.54 at the most recent close of the market. An investor can expect a potential drop of -12.56% based on the average ORCL price forecast.
Analyzing the ORCL fundamentals
The Oracle Corp. [NYSE:ORCL] reported sales of 52.51B for trailing twelve months, representing a surge of 7.11%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 2.85 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of14.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 124.97 points at the first support level, and at 122.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.74, and for the 2nd resistance point, it is at 131.94.
Oracle Corp. [ORCL] reported earnings per share of $1.41 for its fiscal quarter that ended on 2/28/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.37/share, meaning a difference of $0.04 and a surprise factor of 2.90%. By comparison, the stated earnings for the previous quarter ended on 11/29/2023 were $1.23 per share as compared to estimates of $1.22 per share, a difference of $0.01 representing a surprise of 0.80%.
Ratios To Look Out For
It’s worth pointing out that Oracle Corp. [NYSE:ORCL]’s Current Ratio is 0.85. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 6.68, the price to book ratio is 90.66 and price to earnings (TTM) ratio is 33.72.
Transactions by insiders
Recent insider trading involved SELIGMAN NAOMI O, Director, that happened on Dec 22 ’23 when 16300.0 shares were sold. Director, CONRADES GEORGE H completed a deal on Nov 13 ’23 to sell 2325.0 shares. Meanwhile, Director CONRADES GEORGE H sold 2325.0 shares on Nov 10 ’23.
